The economy needs a stimulus package as much as an RBI ready to act like an asset rebuilder The covid-19 pandemic is not just a health crisis; it is in equal measure an economic crisis, the consequences of which could potentially be catastrophic.

As policymakers scramble to contain the outbreak’s economic fallout, the Reserve Bank of India (RBI) must play a critical role in financing both the government and private sector.

A conventional recession typically occurs when people choose to cut their spending. It is usually dealt with by designing a broad-based stimulus package intended to stimulate economic activity.

An off-the-shelf package, however, may not be very useful in a pandemic-induced slowdown where large parts of the economy cannot

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

manchestereveningnews.co.uk

06.05.2020 / 19:49

80%

688

Chancellor says Bolton University could open with social distancing in September

It will be "business as usual" at the University of Bolton in September regardless of any future lockdown measures, the vice-chancellor has said.

covid-19 2020 pandemic Government

India has no room for error in economic policy

Economic policymaking in times of a pandemic is never easy. It cannot essay a conventional path of economic ideas. The covid crisis presents India the challenge of adapting to a fast-changing socio-economic situation and working out approaches aimed not merely at its redressal, but also attaining an upward growth trajectory. Many economists at home and abroad, both Indian and foreign, have opined on how to do this. But it is best to rely on indigenous solutions even while paying attention to what foreign-based economists say.

India pandemic Government crisis

Ease FDI policy to attract investors

These are extraordinary times. The lives of billions of people around the world have been affected to varying degrees by covid-19.

India covid-19 economy Government crisis

Opinion | Going out of service

India’s services Purchasing Managers’ Index (PMI) plummeted to 5.4 in April from 49.3 in March

India covid-19 economy crisis

Michelle Obama - Malia Obama - Sasha Obama - Malia And Sasha Obama Express Pride For Mom Michelle In Rare On-Camera Appearance In ‘Becoming’ Doc - etcanada.com

Malia And Sasha Obama Express Pride For Mom Michelle In Rare On-Camera Appearance In ‘Becoming’ Doc

Malia and Sasha Obama are reflecting on their mom, Michelle Obama‘s, accomplishments. The former first daughters appear in “Becoming”, a Netflix documentary focused on their mom’s life and work, and gush over all that the matriarch has done and all she plans to do.

Michelle Obama Malia Obama Sasha Obama president 2020 Netflix Coronavirus

Rita Ora ditches bra as plunging zip-up crop top gapes open in sizzling display

Rita Ora sent her fans into meltdown as she made her own version of a margarita in her kitchen on her social media, showing off her curves in a crop top.

Rita Ora Coronavirus

John Bishop to narrate film of beluga whales heading to open-water sanctuary

The journey of two beluga whales to an open-water sanctuary in Iceland will be narrated by British comedian John Bishop in an ITV documentary.

China Britain Iceland

US infection rate rising outside New York metropolitan area as states open up

Protesters from a grassroots organization called ReOpen NC gather to pressure North Carolina Gov. Roy Cooper to reopen the state in Raleigh, N.C., on April 21, 2020. (Photo by Peter Zay/Anadolu Agency via Getty Images)

Peter Zay New York Usa city New York state North Carolina Raleigh, state North Carolina death infection Coronavirus

Barack and Michelle Obama To Give Virtual Commencement Address To Graduating Seniors

Many things may be cancelled due to COVID-19, but graduations are certainly not one of them. With schools having to pivot to virtual instruction as a result of the global pandemic, there’s also been a shift to modified graduation ceremonies for outgoing seniors.

Barack Obama Michelle Obama covid-19 president 2020 Celebrity

Lanarkshire GPs and pharmacies open on May 8 bank holiday

All GP practices and many community pharmacies across Lanarkshire will be open as normal on the bank holiday this Friday, May 8.

Craig Cunningham covid-19 symptoms Coronavirus

Ole Gunnar Solskjaer - Jurgen Klopp - Timo Werner - Pierre Emerick Aubameyang - Harry Kane - Man Utd ‘open talks’ with Liverpool transfer target Timo Werner as they look to hijack deal - dailystar.co.uk - Germany - city Manchester

Man Utd ‘open talks’ with Liverpool transfer target Timo Werner as they look to hijack deal

Manchester United could hijack Liverpool’s efforts to sign Timo Werner after reportedly opening talks with the German’s representatives.

Ole Gunnar Solskjaer Jurgen Klopp Timo Werner Pierre Emerick Aubameyang Harry Kane Germany city Manchester Liverpool FC Manchester United FC Transfer news

Barack Obama - Michelle Obama - Robert M.Gates - Dear Class of 2020: BTS join Barack & Michelle Obama; to give commencement speech at virtual graduation - pinkvilla.com

Dear Class of 2020: BTS join Barack & Michelle Obama; to give commencement speech at virtual graduation

'It's always a good time' is definitely a myth now as we're undergoing a major crisis with the entire globe being affected by the coronavirus pandemic. Especially for students, who have to rely on online classes, are facing difficulties in trying to cope amidst the harsh reality that's staring right at us. Michelle Obama decided to rectify that in her own way as she partnered with YouTube, through her Higher Initiative, to host a special virtual graduation ceremony, Dear Class of 2020.

Barack Obama Michelle Obama Robert M.Gates BTS Hollywood

Petition to see Manitoba tattoo shops open amid COVID-19 gets hundreds of signatures

A Winnipeg tattoo shop has started an online petition calling on the province to allow body modification studios to open amid the relaxed COVID-19 rules put into place this week.

covid-19 coronavirus news coronavirus update Coronavirus

No cases of COVID-19 reported in Alberta daycares open for essential service workers

Daycares in Alberta are currently open only to the children of essential workers due to the COVID-19 pandemic, and so far no positive cases of the virus have been reported.

covid-19 Alberta COVID-19 Coronavirus

Shanghai Disney To Re-Open Next Week in China

Disney is eyeing May 11 to re-open the first theme park to shut down, Shanghai Disney.

Bob Chapek China city Shanghai Government prevention

Barack Obama Participating in Virtual Commencement Ceremonies for 2020 Graduates

Barack Obama is doing his best to ensure that high school seniors across the country still get to celebrate graduation amid the coronavirus pandemic.

Barack Obama Michelle Obama Usa Lady Gaga LeBron James

Barack Obama - Michelle Obama - Malia Obama - Malia Obama Admits Mom Michelle Makes Her Cry In Doc: ‘People Believe In Hope’ Because Of You - hollywoodlife.com

Malia Obama Admits Mom Michelle Makes Her Cry In Doc: ‘People Believe In Hope’ Because Of You

Michelle Obama‘s Netflix documentary, Becoming, focuses on her successful 2018-2019 book tour for her memoir of the same name. But there’s plenty of intimate family moments within the film, as well. Along with husband Barack Obama, the former First Lady’s eldest daughter, Malia Obama, 21, makes a particularly touching appearance. At one point in the documentary, Malia is seen greeting her mother backstage during a stop on her Becoming book tour. “You’re so good, I love you too much. I cried again,” Malia says. Michelle asks Malia, whom she adorably calls her “little potato,” why she’s “always crying.”

Barack Obama Michelle Obama Malia Obama Netflix quarantine

City of Calgary will open golf courses this summer

Calgary Mayor Naheed Nenshi announces the city is aiming for a May 14 opening date for city-owned golf courses.

Naheed Nenshi

Barack Obama - Michelle Obama - Robert M.Gates - Barack and Michelle Obama to Headline YouTube's 'Dear Class of 2020' Graduation Event - hollywoodreporter.com

hollywoodreporter.com

05.05.2020 / 23:23

48%

657

Barack and Michelle Obama to Headline YouTube's 'Dear Class of 2020' Graduation Event

Barack Obama Michelle Obama Robert M.Gates 2020 pandemic stars Coronavirus

KCR extends lockdown in Telangana till 29 May; liquor shops to open today

Those who purchase alcohol will have to wear masks compulsorily, and will also have to shell out 16% more money on liquor, said CM KCR

K.Chandrasekhar city Delhi city Hyderabad city Bangalore covid-19 vaccine Government mask

BTS And Lady Gaga To Throw The Greatest Graduation Party Ever

As the world continues to combat the spread of COVID-19, the disease caused by the novel coronavirus, high schools across the United States have closed, and college campuses have completely emptied out. With many institutions turning to online learning to help students finish out their academic years, that leaves many seniors, in particular, attending virtual graduation ceremonies and proms to make up for the pivotal life moments they might otherwise miss out on.

Michelle Obama Usa Celebrity BTS Lady Gaga

David Leyton - Calvin Munerlyn - Security Guard At Michigan Family Dollar Store Fatally Shot After Enforcing Face Mask Policy: REPORT - perezhilton.com - state Michigan - county Genesee

Security Guard At Michigan Family Dollar Store Fatally Shot After Enforcing Face Mask Policy: REPORT

This is incredibly sad and wrong on so many levels.

David Leyton Calvin Munerlyn state Michigan county Genesee pandemic mask Coronavirus

Coronavirus: Makeshift homeless shelter to open at Victoria hockey arena

A new 45-bed emergency response centre is opening on the playing surface at Victoria’s Save-On-Foods Memorial Centre.

city Vancouver Victoria covid-19 homeless Coronavirus

Opinion | Covid-19-induced need versus greed decisions

If needs get subsumed by greed more often, then recalibration is in order

India pandemic doctor bill

Barack Obama Will Headline Televised Prime-Time Commencement

Former President Barack Obama will deliver a televised prime-time commencement address for the high school Class of 2020 during an hour-long event that will also feature LeBron James, Malala Yousafzai and Ben Platt, among others.

Barack Obama Michael Jordan Lena Waithe Megan Rapinoe city Chicago Jordan covid-19 president 2020 ESPN

Barack and Michelle Obama to host virtual commencement event for class of 2020

Joe Biden said he’d choose Michelle Obama to be his running mate if she expressed interest, though he also downplayed the idea — saying he doubts the former first lady wants to live anywhere near the White House again.

Joe Biden Michelle Obama covid-19 president 2020 pandemic

Edmonton’s 124 Grand Market to open under COVID-19 restrictions

It’s a sure sign summer is on the way in Edmonton — the 124 Street Grand Market opening for the season. But this year, things will look a little bit different amid the COVID-19 pandemic.

covid-19 coronavirus news coronavirus update Coronavirus

Opinion | Net access for all

Given our levels of poverty, we can’t overcome our digital divide in a hurry. But the covid pandemic has disrupted offline inter-activity and turned the internet into a lifeline of sorts, accentuating the deprivation of those who have no access to it

India pandemic

Opinion | The corona-led rise of middle powers on the world stage

Regional powers have responded to the crisis in ways that have enhanced their influence and interests

China city Beijing Usa covid-19 pandemic crisis

Opinion | Arrest the slump before it slips beyond control

Demand and supply may follow jagged patterns this year but both are expected to decline on an aggregate basis. India needs stimulus spending to take effect without further ado

India covid-19 economy Government shock

Opinion | We should use the 80:20 rule to tackle covid and aid a revival

Let’s focus on a few actions that will prove highly effective in extricating us from the current crisis

India testing crisis infection

Barack Obama - Alicia Keys - Kerry Washington - Michelle Obama - Kelly Rowland - Chloe X (X) - Halle - Barack and Michelle Obama to headline YouTube 2020 virtual commencement - nypost.com - Washington

Barack and Michelle Obama to headline YouTube 2020 virtual commencement

President Barack Obama and Michelle Obama will headline “Dear Class of 2020,” YouTube Originals’ virtual commencement event to celebrate graduates worldwide. The multi-hour event premieres Saturday, June 6, on YouTube. BTS and Lady Gaga also are among the commencement speakers, with special appearances by Alicia Keys, Kelly Rowland, Kerry Washington, Chloe x Halle and Zendaya, among others.

Barack Obama Alicia Keys Kerry Washington Michelle Obama Kelly Rowland Chloe X (X) Halle Washington YouTube Coronavirus

Barack & Michelle Obama Announce They Are Hosting A Virtual Graduation Ceremony For The Entire Class Of 2020

TSR Positive Images: The spread of the coronavirus has taken away many special moments for all of us, including the class of 2020. Those graduating this year are finding unique ways to celebrate their accomplishments, and our Forever President and First Lady have just announced that they have something special for the graduates!

Michelle Obama president 2020 Coronavirus

Opinion | The covid shock could alter people’s financial priorities

We should expect Indians to increase their precautionary savings over time to come in response to income volatility today

India covid-19 economy crisis shock

BTS, Lady Gaga and President Obama to speak at YouTube’s Class of 2020 virtual graduation ceremony

BTS is listed among the speakers at YouTube’s graduation ceremony live stream for the class of 2020.

Barack Obama Usa K-pop BTS Lady Gaga

Barack Obama will headline televised prime-time commencement

NEW YORK – Former President Barack Obama will deliver a televised prime-time commencement address for the Class of 2020 during an hour-long event that will also feature LeBron James, Malala Yousafzai and Ben Platt, among others.

Barack Obama Lena Waithe Megan Rapinoe New York city Chicago covid-19 president 2020 pandemic

Govt mulling introduction of import substitution policy: Nitin Gadkari

NEW DELHI : Union Minister Nitin Gadkari on Tuesday said the government is considering introducing a policy on import substitution and urged India Inc to upgrade technologically and come up with cost-effective substitutes to reduce the country's inward shipment.

Nitin Gadkari city New Delhi India covid-19 pandemic innovations Government

Barack and Michelle Obama to Headline YouTube's 'Dear Class of 2020' Graduation Event

YouTube on Tuesday announced Dear Class of 2020, a virtual commencement celebration honoring high school and college seniors whose graduation ceremonies were canceled due to the novel coronavirus pandemic.The multi-hour livestream event, set to premiere June 6 on YouTube, will bring together inspirational leaders, stars and creators. Headliners are former President Barack Obama and former First Lady Michelle Obama, who will each deliver commencement speeches — as well as a joint message — to this year's graduates.

Barack Obama Michelle Obama Robert M.Gates president 2020 stars Coronavirus

California Businesses to Open as Early as Friday as State Prepares to Enter Phase 2 of COVID-19 Recovery

Select businesses across California may open as early as Friday as the state prepares to enter phase two of its COVID-19 recovery plan.California Gov. Gavin Newsom announced the news Monday from Sacramento, where he called it "a very positive sign" that's only being announced now "for one reason — the data says it can happen."Businesses that fall into a "low-risk" category, and will thus be allowed to open Friday, include expanded retail (with curbside pickup) and associated manufacturing and supply chains that support those businesses.

Gavin Newsom state California city Sacramento covid-19 testing

Nick Cordero's eyes beginning to open, recovery is 'looking good'

Nick Cordero is making good progress on the road to recovery after more than a month in a coma amid his lengthy battle with Covid-19, according to wife Amanda Kloots.

Nick Cordero Amanda Kloots Los Angeles covid-19 doctor stars Coronavirus

Nick Cordero’s eyes beginning to open amid coronavirus battle

Nick Cordero is making good progress after more than a month in hospital amid his lengthy battle with Covid-19.

Nick Cordero Amanda Kloots state California Los Angeles, state California Rock of Ages

Nova Scotia - Stephen Macneil - Robert Strang - Coronavirus: What’s open, what’s closed in Halifax area under eased public health restrictions - globalnews.ca - municipality Regional, county Halifax - county Halifax

Coronavirus: What’s open, what’s closed in Halifax area under eased public health restrictions

Despite Nova Scotia announcing it would be easing off some of its strict preventive measures amid the novel coronavirus pandemic, there are still places in the Halifax Regional Municipality (HRM) where you aren’t allowed to go.

Nova Scotia Stephen Macneil Robert Strang municipality Regional, county Halifax county Halifax covid-19 Nova Scotia Coronavirus Coronavirus

Samsung, LG open pre-booking offers for smartphones, TVs amid extended lockdown

New Delhi, May 5 (PTI) Consumer electronics giants like Samsung and LG have initiated pre-bookings of products via digital channels to help customers, who are at home during the lockdown, purchase items like smart TVs and home appliances that will be delivered later by local retailers.

city New Delhi pandemic Government Coronavirus Booking

Demi Rose flashes boobs as silk robe falls open in sexy display

Demi Rose certainly stole the show with her latest sexy snap as the siren spilled from a plunging lace bra.

pandemic Demi Rose

6.5 lakh migrant workers brought back home, says Adityanath; accuses oppn of playing politics

LUCKNOW : Chief Minister Yogi Adityanath on Tuesday said 6.5 lakh stranded migrant workers have so far been brought back to Uttar Pradesh from other states.

Yogi Adityanath virus quarantine Government Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Opinion | Opt for policies that are pragmatic and not dogmatic

Related News